1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ivolga24 [154]
3 years ago
10

Presto company purchased equipment and these costs were incurred: cash price $65,000 sales taxes 3,600 insurance during transit

640 installation and testing 860 total costs $70,100 presto will record the acquisition cost of the equipment as
Business
1 answer:
REY [17]3 years ago
4 0
Given:
<span>cash price $65,000
sales taxes 3,600
insurance during transit 640 i
nstallation and testing 860
total costs $70,100

Presto will record the acquisition cost of the equipment as $70,100.

Acquisition cost is the cost of buying an equipment as well as the cost paid in making sure that the equipment is in working order. A cost is recognized as a part of an acquisition cost when its absence is detrimental to the purchase of the item. </span>
You might be interested in
When working with text boxes and shapes, which tab contains settings for applying shadows and 3-D rotation to objects?
maxonik [38]

Answer:

B) Effects

Explanation:

In Microsoft Presentation the shadows and 3-D rotation option are available inside the Home tab. This option is used to provide special effects on the slides. and other options are not correct that can be described as:

The fill & Line both option working is different from each other the fill option used for fill color in shapes and the Line is used to provide a line in the presentation.The Size & Properties option is used to change the size and property of an object.The picture option is used to insert a picture or modify a picture in the presentation.

5 0
2 years ago
Mary was recently hired at Marshall Industries as a repairperson. Upon starting her new job, she was informed that if she chose
Elena-2011 [213]

Answer:

D.agency shop agreement

Explanation:

Agency shop agreement is one where a company or employer is allowed to employ both union and non-union workers. This does not affect existence of the Union.

The employees who are non-union members however need to pay a fee for collective bargaining cost. This fee is called agency fee.

In the given scenario Mary chose not to join the union representing her fellow repair workers, she would still have to pay a fee to the union.

She is part of a agency shop agreement

8 0
3 years ago
Trade industry short note​
Pie

Answer:

Trade is a basic economic concept involving the buying and selling of goods and services, with compensation paid by a buyer to a seller, or the exchange of goods or services between parties.

6 0
2 years ago
The projected capital budget of Kandell Corporation is $1,000,000, its target capital structure is 60% debt and 40% equity, and
Ira Lisetskai [31]

Answer:

The correct answer is option (e).

Explanation:

According to the scenario, the computation of the given data are as follows:

Capital budget = $1,000,000

Debt = 60%

Equity = 40%

Net income = $550,000

So, we can calculate the total dividend by using following formula:

Total dividend = net income - ( Equity × Capital budget )

= $550,000 - ( 40% × $1,000,000 )

= $550,000 - $400,000

= $150,000

8 0
3 years ago
Read 2 more answers
When firms expand into global markets, they are faced with the choice of reducing costs and/or adapting to the local market. Whe
lorasvet [3.4K]
Global strategy & transnational strategy
5 0
3 years ago
Other questions:
  • Urban outsiders has a building that originally cost $390,000. the company expects to be able to sell the facility for $258,000 a
    6·1 answer
  • What is the name of the practice that consists of requiring pickers to gather the items for several orders at once, but keep the
    13·1 answer
  • One column of numbers consists of 28, 42, and 14. When the digits of the numbers are added together, the result is 2 + 8 + 4 + 2
    11·1 answer
  • The vigor of IPR protection is highly related to a country's stage of ________.A) economic developmentB) cultural heterogeneityC
    10·1 answer
  • Use the contribution margin ratio to project operating income​ (or loss) if revenues are $ 520.000 and if they are $ 1.040.000.
    7·1 answer
  • Dana wants to purchase a new pair of shoes from the internet. What steps should she take to ensure her identity is protected whi
    7·1 answer
  • During its first month of operations, Labrador Corporation provided $10,000 of services to it customers. Its costs included rent
    9·1 answer
  • Rearrange the following contributors to the growth of productivity in descending order of their quantitative importance:______.
    14·1 answer
  • During Year 1, Hardy Merchandising Company purchased $20,000 of inventory on account. Hardy sold inventory on account that cost
    13·1 answer
  • if the firm depiced in figure 5 behaves like a perfectly competitive firm, it will chose the output level of
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!